Retirement plan

INVESTMENT & EMPLOYEE STOCK OWNERSHIP PLAN OF AVISTA

Name: AVISTA CORPORATION - INVESTMENT & EMPLOYEE STOCK OWNERSHIP PLAN OF AVISTA (2016) Form 5500
Creator: AVISTA CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INVESTMENT & EMPLOYEE STOCK OWNERSHIP PLAN OF AVISTA, AVISTA CORPORATION

AVISTA CORPORATIONEIN 91-0462470Plan #003PY 2016

1411 E MISSION AVENUE - SPOKANE, WA 99202509-489-0500avistacorp.comLinkedIn1001-5000 employeesutilities

Other plans on this EIN

1 filing

#001Retirement-$559.5M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$460.8M

-9.9% from 2016

Total participants

2,258

-2.3% from 2016

Average account balance

$206,084

-7.7% from 2016

Annual return

10.22%

-8.66 pp from 2016

Benchmarks

See 68 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants1,000-4,999

Cohort68 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$843.47M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$319K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,646

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.07%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$296

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.2+ years Filed as: VANGUARD GROUP, INC Service code 15 · EIN 23-1945930	Recordkeeping	$430,394
SAGEVIEW ADVISORY GROUP, LLC1 year Service code 27 · EIN 33-0818667	Advisory (Plan)	$31,200
CLIFTONLARSONALLEN LLP2+ years Service code 10 · EIN 41-0746749	Accounting	$30,122
DORSEY & WHITNEY LLP1 year Filed as: DORSEY & WHITNEY Service code 29 · EIN 41-0223337	Legal	$6,897

Plan features & details

Pension benefit codes2G2J3I2T2R

Plan features

2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$499K

$286 / participant

Investment mgmt$462K92.6%
Other / not subdivided$37K7.4%

% of EOY assets

0.108%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$206,084

$144,604+42.5%

$88,497+132.9%

$63,975+222.1%

Participation rate

98.7%

91.8%+6.9pp

82.4%+16.3pp

71.1%+27.6pp

Annual return

10.22%

9.63%+0.6pp

7.63%+2.6pp

48.65%-38.4pp

Employer contribution / active EE

$4,884

$4,008+21.9%

$4,036+21.0%

$2,182+123.9%

Participant deferral / active EE

$9,303

$7,027+32.4%

$4,899+89.9%

$3,356+177.2%

Admin fee / account holder

$223

$78+184.4%

$6,220-96.4%

$70+216.6%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2+ years

Filed as: VANGUARD GROUP, INC

Service code 15 · EIN 23-1945930

Recordkeeping

$430,394

SAGEVIEW ADVISORY GROUP, LLC1 year

Service code 27 · EIN 33-0818667

Advisory (Plan)

$31,200

CLIFTONLARSONALLEN LLP2+ years

Service code 10 · EIN 41-0746749

Accounting

$30,122

DORSEY & WHITNEY LLP1 year

Filed as: DORSEY & WHITNEY

Service code 29 · EIN 41-0223337

Legal

$6,897

INVESTMENT & EMPLOYEE STOCK OWNERSHIP PLAN OF AVISTA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INVESTMENT & EMPLOYEE STOCK OWNERSHIP PLAN OF AVISTA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion